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Commonwealth of Pennsylvania Insurance Company Financial Analyst Trainee in Harrisburg, Pennsylvania

Reference #: 4594909 THE POSITION Are you interested in learning how to review and analyze financial, corporate, and operating documents? The Insurance Department has exciting entry level positions available that allows you to participate in a progressively responsible training program that teaches you the skills necessary to perform the work of an Insurance Company Financial Analyst. This position gives you the opportunity to learn the basics of the U.S. Solvency Framework, including the state-based system supported by the National Association of Insurance Commissioners (NAIC) and the risk-focused analysis process, statutory accounting principles, and the Department's laws, regulations, rules, and procedures. Bring your skills to our department and unleash your potential! DESCRIPTION OF WORK

As an Insurance Company Financial Analyst Trainee, you will have the opportunity to learn various operational and technical components of financial analysis. Communication skills are key in this position as you will be engaging in effective working relationships and working collaboratively in groups. While attending training sessions, you will be extracting pertinent information to apply to everyday tasks. Work includes assisting with the review and analysis of financial, transactional, and operational records, required filings, and other related items including but not limited to, biographical affidavits, financial examination reports, and business plans. You will have the opportunity to learn the importance of analyzing reported financial results and identifying key financial risks in the ongoing solvency monitoring process. If you are an analytically minded individual interested in expanding your knowledge of NAIC accounting practices, this is the perfect opportunity for you!

Work Schedule and Additional Information: Full-time employment Work hours are 7:30 AM to 4:00 PM, Monday - Friday, with 60-minute lunch. Work schedule may be flexible. Telework: You may have the opportunity to work from home (telework) part-time. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. Salary:In some cases, the starting salary may be non-negotiable. You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.   REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY

QUALIFICATIONS Minimum Experience and Training Requirements: A bachelor's degree in insurance, accounting, finance, economics, business administration, risk-management, or a closely related field, which includes 15 college credits in accounting, finance, or auditing; or An equivalent combination of experience and training which includes 15 college credits in accounting, finance, or auditing. Applicants will be considered to have met the educational requirements once they are within 3 months of graduating with a qualifying degree. Other Requirements: You must meet the PA residency requirement. For more information on ways to meet PA residency requirements, follow thelinkand click on Residency. You must be able to perform essential job functions. How to Apply: Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education). If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable. Your application must be submitted by the posting closing date Late applications and other required materials will not be accepted. Failure to comply with the above application requirements may eliminate you from consideration for this position. Veterans: Pennsylvania law (51 Pa. C.S. *7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans' Preference tab or contact us at ra-cs-vetpreference@pa.gov. Telecommunications Relay Service (TRS): 711 (hearing and speech disabilities or other individuals). If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

EXAMINATION INFORMATION

Completing the application, including all supplemental questions, serves as your exam for this position.  No additional exam is required at a test center (also referred to as a written exam). Your score is based on the detailed information you provide on your application and in response to the supplemental questions. Your score is valid for this specific posting only. You must provide complete and accurate information or: your score may be lower than deserved. you may be disqualified. You may only apply/test once for this posting. Your results will be provided via email.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.

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